iShares Russell 2000 Value Index Fund Crosses Above its 10-day MA (IWN)
Today, shares of iShares Russell 2000 Value Index Fund (AMEX:IWN) have advanced above their 10-day MA of $93.85 on a volume of 232K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of iShares Russell 2000 Value Index Fund have traded between a low of $78.56 and a high of $105.42 and are now at $94.92, which is 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in iShares Russell 2000 Value Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Russell 2000 Value Index Fund in search of a potential trend change.
Keywords: moving crosses amex:iwn ishares russell 2000 value index fund